Citi's Fitzpatrick Sees Gold At $2,400 By Year-End

In an
interview with King World News, Tom Fitzpatrick of Citigroup
charted the 2005-2007 gold chart and compared it to the 2010-2012
chart. The correlation between the two is strikingly similar, and
the next move was a huge jump up.

Fitzpatrick claims that if gold clears $1,791 the short-term
target would then be between $2,050 and $2,060. After that bump,
he "then expects a continuation on gold up to the $2,400
area by the end of the year or beginning of next year."